Four-Star 170-Key Resort Hotel in Crete, Greece For Sale

Location: North-West Coast Crete, Mirabello Bay, 90 Minutes East of Heraklion Airport, Greece

Name: TBA

Guide Price: €19.5m

No. of Keys: 170 – Scope to Double in Size, Upto an Additional 250 Rooms

The Opportunity: To acquire this beach-front four-star resort hotel, with full activities such as Scuba diving, Canoe, Hiking, tennis, archery and fishing.

The Superior double room

Room sizes from 17sqm to 34sqm. The hotel has a high accent on gourmet food provision. SV

Main Picture: The view of this hotel at dusk

Current Owner: An all-inclusive premium provider, with some nine other hotels in Greece and four other countries in Europe

Flag and Management: Free to new owner.

Financials: Full details available upon LOI/EOI

Tenure: Freehold

Agent: Local agent in partnership with THPT

Guide Price: €19.5m

Guide Price per Key: €115k

Date Posted: July 2021

THPT Comment: A great opportunity to acquire this all-inclusive resort hotel to add to your existing portfolio, with the scope to value-add by doubling the size of the existing hotel.

Contact us for further information

This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

For more information – Visit www.thpt.co.uk or email info@thpt.co.uk.

MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.